India has the third highest number of billionaires across the globe after the United States and China. With 205 billionaires, the nation has gone past Germany to position itself at the third spot in countries with the most billionaires.
The number of women billionaires is on a big rise. Although we do not have any women on the list of the top 10 richest people in the world, women are making giant strides in the business community.
Here is the list of the top 10 richest women in India:
10. Kiran Mazumdar-Shaw
Age: 72 Years
Net Worth: $3.1 B
Source of Wealth: Biopharmaceuticals
One of the most famous Indian billionaires, Kiran Mazumdar Shaw is the Executive Chairperson and Founder of Biocon, a biotechnology company. She started her firm back in 1978 in a garage in India. And here she is, with such a big empire that positions her under the top 10 richest women in India.
Under her leadership, Biocon has achieved great success with the promise of making medicines accessible and affordable to millions of patients across the globe. She is also a Lead Independent Director at Infosys, Signatory at The Giving Pledge, and Board Member of United Breweries.
9. Mahima Datla
Age: 47 Years
Net Worth: $3.2 B
Source of Wealth: Vaccines
Mahima Datla is among a handful of women leaders in the Indian pharmaceutical sector. Her company, Biological E, sells vaccines to over 100 countries globally and has supplied more than two billion vaccines in the last decade alone. The managing director holds 83 percent shares of the company started by her paternal and maternal grandfathers in 1953. Today, about 70 percent of the company’s business comes from vaccines, while the remaining 30 percent comes from the specialty injectables division.
8. Radha Vembu
Age: 52 Years
Net Worth: $3.3 B
Source of Wealth: Business software
Radha Vembu secures her list among the top richest women in India with a net worth of $3.3 B. She was born in 1972 in Chennai. She completed her graduation from the Indian Institute of Technology, Madras in 1997 with a degree in industrial management. In 1996, she co-founded Zoho Corporation (previously called as AdvenNet).
Currently, Zoho has more than 60 million users and 12 offices in 9 countries around the globe. Radha is also the Director of Janaki Hi-Tech Agro, an agricultural NGO and Highland Valley Corporation, a real estate firm.
7. Falguni Nayar
Age: 59 years
Net Worth: $3.5 B
Source of Wealth: Nykaa
Falguni Nayar is a Gujarati born in Mumbai in a business family. After completing her graduation from IIM Ahmedabad, she started her career with A.F. Ferguson & Co. She joined Kotak Mahindra Bank in 1993 and spent around 18 years. She served as the Managing Director of the bank from 2005 to 2012.
After quitting the bank, she founded Nykaa in 2012 which paved the way for her entrepreneurial success. Today, she has successfully built a beauty and lifestyle empire with a portfolio of more than 1500 brands.
6. Leena Gandhi Tewari
Age: 67 Years
Net Worth: $3.8 B
Source of Wealth: Pharmaceuticals
Leena Gandhi Tewari is the Chairperson of USV, a multinational pharmaceutical and biotechnology company that runs with the objective to offer best-in-class healthcare services. She has made a significant contribution to the overall operations of USV.
After completing her graduation from the University of Mumbai, she pursued Masters in Business Administration from Boston University. She has written a biographical book titled ‘Beyond Pipes and Dreams’ on her grandfather Vithal Balkrishna Gandhi. She is involved in different humanitarian work as well.
5.Vinod Gupta
Age: 79 years
Net Worth: $5 B
Source of Wealth: Havells India
Vinod Gupta and her son Anil Rai Gupta run Havells India, a major player in the country’s electrical equipment industry. The company was founded by Vinod’s late husband Qimat Rai Gupta. With a presence in more than 50 countries, Havells operates 14 product manufacturing facilities. In 2024, Havells expanded its product range by launching built-in kitchen appliances such as cooking stoves and chimneys.
4. Smita Crishna-Godrej
Age: 74 years
Net Worth: $5.5 B
Source of Wealth: Godrej Group
Smita Crishna-Godrej, a member of the prestigious Godrej clan, holds a significant 20 percent stake in the family’s assets. Smita made headlines when she acquired Mehrangir, once the residence of nuclear physicist Homi Bhabha, in South Mumbai for Rs372 crore. The Godrej family controls the $5.2 billion (revenue) Godrej Group, a 126-year-old consumer-goods giant, according to Forbes.
3. Renuka Jagtiani
Age: 71 years
Net Worth: $5.6 B
Source of Wealth: Landmark Group
Jagtiani holds the positions of chairwoman at the Landmark Group, which is a global consumer conglomerate with its headquarters located in Dubai. This extensive enterprise was established by her spouse, Micky Jagtiani, in1973, and has since grown to have a significant presence in the retail and hospitality sectors worldwide.
For over two decades, she has played a pivotal role in guiding the company’s corporate strategy and its foray into new markets. In her capacity as the leader of the company, Jigtiani is responsible for the oversight of more than 50,000 employees. As of December 2024, the group had a presence across 17 countries in the Middle East, Africa, India, and Southeast Asia. In November 2024, the group announced plans to invest $1 billion over three years to open 400 new stores in the GCC, India, and Southeast Asia.
2. Rekha Jhunjhunwala
Age: 61 Years
Net Worth: $8.8 B
Source of Wealth: Stock Portfolio
Rekha Jhunjhunwala steps into her husband Rakesh Jhunjhunwala’s role. Following Rakesh Jhunjhunwala’s death in 2022, she inherited his stock portfolio and became one of the richest women in India. Her investments span 29 companies, encompassing Titan, Tata Motors, and Crisil. The name of Jhunjhunwala’s privately owned firm Rare Enterprises is the combination of the first initials of her name and her husband’s name.
1. Savitri Jindal
Age: 75 years
Net Worth: $40.9 B
Source of Wealth: OP Jindal Group
Savitri Jindal is India’s richest woman and chairperson emeritus of OP Jindal Group. After the demise of OP Jindal, her husband in 2005, she took over the Jindal empire. Under Savitri’s leadership, the revenue of Jindal Group has grown by four times and that is the reason why she has become Asia’s richest woman.
Savitri also boasts a career in politics. After the death of her husband, Savitri was elected to the Haryana Vidhan Sabha from the Hisar constituency in 2005. She is currently a member of the Indian National Congress.
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